OFSS Breaks Trend, Enters Oversold ZoneTopic Statement:
OFSS has undergone a major correction in line with the broad market downturn after breaking down from its uptrending channel.
Key points:
- The breakdown from the uptrending channel triggered selling pressure and a sharp correction.
- The price has taken strong support at 7,000.
- The stock is trading below the 180-day EMA, making it oversold.
Parallel Channel
Dixon Technologies: Key Levels & Market Outlook📌 Dixon Technologies (NSE: DIXON) – Key Levels & Market Outlook
Dixon Technologies (DIXON) is currently trading above a crucial support zone of ₹13,000-₹12,800. If the stock sustains this level and breaks above the ₹13,630 resistance, it could see an upside move toward ₹14,000-₹14,600. However, a breakdown below ₹12,800 may lead to further downside pressure.
🔍 Technical Indicators:
📊 Supertrend (10,3): The indicator is currently in a buy mode, supporting a bullish outlook as long as ₹12,800 holds.
📈 Fibonacci Retracement: The ₹13,630 resistance aligns with a key retracement level; a breakout above this could confirm strength.
📉 ADX (Average Directional Index): Currently at 23, suggesting a developing trend; a move above 25-30 would indicate strong bullish momentum.
📊 OBV (On-Balance Volume): Rising OBV signals strong accumulation, supporting an upward breakout scenario.
📌 Key Levels to Watch:
✅ Support Zone: ₹13,000-₹12,800
📍 Resistance Level: ₹13,630
🚀 Upside Targets: ₹14,000-₹14,600
⚠ Breakdown Risk: Below ₹12,800, the stock may slide toward ₹12,500.
A sustained move above ₹13,630 could accelerate buying momentum, pushing Dixon toward ₹14,000-₹14,600. On the other hand, a break below ₹12,800 may invite selling pressure. Keep an eye on sector trends, demand in electronics, and institutional activity for further confirmation.
A possible trend reversal in ACC. (01/04/2025)ACC Ltd is trading in a narrow range and is in a downtrend. There are chance of a trend reversal as the indicators are predicting and the price action too seems to follow with them.
The channel break out in the stock can confirm the trend reversal. If the stock give a break out and retest, stock can be bought in cash or in F&O segment too.
Good targets can be captured in the stock as the break out after a year will be there.
Stop loss and Targets should be as per the risk to reward appetite.
Wait for the price action and trade accordingly. Patience will help in capturing the most profitable trades, otherwise losses will be eating away the capital.
BankNIFTY’s Resilience Faces a Trend ShiftTopic Statement:
BankNIFTY has shown resilience compared to NIFTY during the market correction but has entered a mildly downtrending channel after breaching its long-term uptrend line.
Key points:
- The breach of the long-term uptrend line indicates the end of the bullish pattern.
- BankNIFTY is moving in a mildly downtrending channel.
- A breakout on the upper side of the channel will shift the trend back to bullish.
- The price remains far above the 180-day moving average, making BankNIFTY overbought and expensive.
GLENMARK PHARMA (NSE: GLENMARK) – Confirmed Channel BreakoutGlenmark Pharma has confirmed a breakout from a falling wedge and flag & pole pattern , supported by strong volume and a bounce from the 200 EMA . Price structure and momentum suggest bullish continuation.
Key Observations:
Pattern Formation: Falling wedge + flag & pole since September 2024
Breakout Confirmation: Closed above upper trendline at ₹1,519.85 on March 27, 2025
200 EMA Support: Price took support at 200 EMA and reclaimed both key moving averages
Volume Spike: High volume on breakout candle validates the move
Support & Resistance Levels:
Immediate Support: ₹1,432
Breakout Level (Entry): ₹1,520
Target 1: ₹1,813
Target 2: ₹2,076
Major Resistance: ₹2,100
Indicators & Risk-Reward:
✅ RSI: 64.92 – showing strong bullish momentum
✅ Volume: Significant volume surge during breakout
✅ Risk-to-Reward: ~1:3 – ideal for swing setup
Verdict: Bullish
With pattern breakout, volume confirmation, and RSI strength, Glenmark is poised for a potential up-move.
Plan of Action:
BUY: ₹1,520
Stop Loss: ₹1,432
Target 1: ₹1,813
Target 2: ₹2,076
Trailing SL: Start trailing above ₹1,650 to protect profits
SBI - Long Term Investment IdeaSBI iS BELOW a crucial resistance levels.
Strategy used : Support Resistance levels and Trendlines
SBI near a crucial resistance levels
750-770 level.
CMP: 756
Current support levels 750 are broken and acts as resistance.
Investment idea:
50% - When crossing 762
if 610 levels are tested due to sudden spikes and rebounds, invest 50 % of the funds
Key points:
Q3 results are expected on 31st Jan 2025.
Upcoming Budget on Feb 01 2025
Support resistances - refer above.
This idea will be for long term and will be updated regularly
Note: Not a SEBI registered analyst. Plan and trade as per your analysis
HDFC Bank - Long Term AnalysisFundamentals/Basis:
HDFC Bank is an important scrip that need to be monitored on long term basis, if we invest or not.
This is due to the fact, as a leader in the banking industry and a heavy weight company in the Nifty and bank nifty constituencies, HDFC bank provides clues to the overall market direction (most of the times)
This analysis is for Long term and if time permits, will keep updating throughout the year.
Technicals :
HDFC bank fell from its highs since end of 24 until jan. And had a retracement until approximately 1770 and formed a retracement trend direction.
Current range : 1600 to 1800 with 1700s as pivots.(Not formula but based on charts)
Trade Ideas :
If the price moves above the retracement line and sustains, go for long in the stock. Once it breaks lookout for confirmation at this trendline and also at the Long term trendlines for any retests.
Alternatively, if the price falls below the Long term trend direction, wait for confirmation on the bullishness.
Disclaimer : All the views and analysis provided are my personal analysis. Not a SEBI registered analyst. Plan and trade as per your analysis
If you Like the Analysis and agree with , Hit the Boost button and share your views agreements/constructive feedback in the comments.
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TrentOne hour chart has trend line support and 15 minutes chart shows price is moving in a channel.
Buy above 5175 with the stop loss of 5155 for the targets 5198, 5220, 5256, 5280 and 5304.
Sell below 5135 with the stop loss of 5155 for the targets 5110, 5086, 5062, 5040 and 5005.
Always do your own analysis before taking any trade.
4 Year Consolidation Within 20% of Price BandThe stock is consolidation since Nov 20 within almost 20% range after a Bullish phase. YoY results are increasing profits and revenues. The Bank has been paying out good Dividents and no sign if underperforming is seen. A huge breakout after consolidation phase with min 20% CAGR in coming months is highly expected.
Massive Breakout in Nifty index : Is the Next Bull Run Starting?Hello everyone i hope you all will be doing good in your life and your trading as well, Today i have brought anlaysis on Nifty 50 because index is currently showing a strong bullish breakout setup after a long period of consolidation. A key channel breakout has occurred, confirmed by a significant volume spike , signaling the return of strong buying interest. This breakout, coupled with a recent surge in FII inflows , which have pumped in 7,470.36 Cr into the Indian market, points towards a shift in market sentiment and signals a potential rally ahead. On top of that, the government's Open Market Operations (OMO) have provided additional liquidity, further boosting market sentiment and helping support the overall bullish outlook.
And the strong support zone is playing its role as a key demand area, with multiple rejections at this level showing strong buying defense. The market is likely to head toward the 25,000+ mark , backed by a positive fundamental and sentiment boost, along with the government's OMO action , which adds a layer of liquidity and confidence. Keep an eye on this breakout, as it could set the stage for a bullish run in the broader market.
Additional Tip to my all followers:
If you're looking to invest for the long term, buying a Nifty ETF is a great option to get diversified exposure to the top 50 companies in India. It’s a cost-effective way to invest in the broad market, and given the positive outlook for the Nifty 50 index, it has the potential to offer solid returns in the long run.
Additionally, investing in your favorite stocks for the long term can complement your portfolio and further boost returns as these stocks grow over time. Combining Nifty ETFs with quality individual stocks provides a diversified approach while also giving you the opportunity to capitalize on the growth of specific companies that you believe in for the future.
Disclaimer:-This analysis is for educational purposes only. Please trade responsibly and consult a financial advisor before making any decisions.
If you found this analysis helpful, don’t forget to like, follow, and share your thoughts in the comments below! Your support keeps me motivated to share more insights. Let’s grow and learn together—happy investing!
Manappuram Finance - Trade Setup📊 Trade Plan:
Entry: Above ₹215 if broken out with volume.
Stop Loss: ₹192.95 (Closing basis).
Target: Watch price action near ₹231 (ATH); safe traders wait for a daily close above it.
Position Sizing: Buy in small quantities and accumulate gradually.
📈 Why This Stock?
Technical Setup:
Trading above key DMAs (Daily Moving Averages).
Stock was in an uptrend (June-Aug 2022) but fell out of the channel and gapped down significantly (Oct 24, 2022).
Now recovering and trading near ATH (₹231), forming another channel.
Entry possible above ₹215 if broken with volume.
Watch for ₹231 breakout with volume (4-year trading range).
Finance index has broken out of base and is trading above key DMAs.
⚠️ Market Conditions & Risks:
We are trading against the trend (LL-LH structure).
The overall market is below the 50 & 200 DMA, indicating potential further dips.
Trades are more prone to failure unless the market structure changes.
Safe traders should wait for confirmation before entering.
📊 Fundamentals (Key Data)
Market Cap: ₹18,107 Cr
Current Price: ₹214
52-Week High/Low: ₹230 / ₹138
Stock P/E: 9.21
ROCE: 13.8%
ROE: 20.6%
🚨 Disclaimer:
⚠️ This is not financial advice. We are trading against the broader trend, meaning the risk of failure is high. Do your own analysis before taking any trade. Always manage risk and trade cautiously! 🚀
consoldation brakout parallel pattern nmdc break consolidation range and made a retest of consolidation highs as well. Stock currently trying to breakout from its previous swing highs, 68.79 approx 2 day same level consoldation is important after give a good breakout . If it breaks this level, next target as per pattern can be 77 and secod is 80 levels ofcaurse stoploss is low swing
Aether Awaits Breakout for Next MoveTopic Statement:
Aether, a relatively new stock listed in 2022, is trading in a sideways channel with defined accumulation and distribution zones, awaiting a breakout for its next move.
Key points:
- Stock is moving in a well-defined sideways channel.
- There are distinct accumulation and distribution zones.
- A breakout on either side of the channel will trigger a directional move.
Is "NIFTY" Going to Exhaust?Hey guys, after half of a decade before climbing to this level from 2020, NIFTY has showed some signs of falling from the high it was peeking in the past months. We see a parallel channel breaking at the point of market with market testing the channel back along with bearish signals on 1hr time frame and other companies falling price indicates that market had been overbought too much and it has to correct before going up again.
Targets we are getting are near 20,000 and 18000. People might find it impossible but it's not, cause if u use fibonacci retracement you will get these levels along with in the years 2015 and 2016 almost 25% fall has been seen an in the years 2011 and 2012 almost 30% fall can be seen and its obvious to all of us that the market are a little too high which can help us cling to the point that NIFTY can experience a bear market.
With this, signing off for today 🙏
Sarda Energy - Swing TradeNSE:SARDAEN today broke key levels with good levels, it again took support near the base where it is being accumulated and is trading in a Flat Channel which makes this a good swing to the upper edge of the Flat Channel if the Flat Channel is broken it can give a good Swing Up again so keep in watchlist and can buy again at lower level of the channel if retraced.
About:
Incorporated in 1973, NSE:SARDAEN is the flagship company of Sarda Group and is engaged in the production of steel, ferro alloys and power.
Trade Setup:
Good be a Good Typical Flat Channel Trade With RSI and MACD Trending Up with Good Volumes.
Target(Take Profit):
Short Swing towards 525 (ATH) and if Flat Channel is Broken Can Give Further Upswing.
Stop Loss:
Today's Candle Low i.e. 473 or Entry Candle Low if Trade Taken in Retracement.
📌Thank you for exploring my idea! I hope you found it valuable.
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Disclaimer: "I am not SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER."
This analysis is intended solely for informational and educational purposes only and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
Nifty bank - Feb month expiry analysisPrice is moving inside a descending channel and now it is consolidating. 48600 zone is important to decide the trend direction further.
Buy above 48620 with the stop loss of 48540 for the targets 48700, 48820,48900, 48980, 49100 and 49220.
Sell below 48440 with the stop loss of 48520 for the targets 48360, 48240, 48160, 48060, 47960 and 47880.
Always do your own analysis before taking any trade.






















